Mid-week market update: The S&P 500 followed the typical pattern of consolidating sideways for about a week after an upper Bollinger Band ride before breakout out to a fresh all-time high. As recent history shows, it's impossible to know which way stock prices will break after the consolidation.
In many ways, the upside breakout was not a big surprise.
The full post can be found here.
Positive seasonality boost the S&P 500
July 03, 2024 at 16:32 PM EDT